DuPont de Nemours (NYSE:DD) Price Target Cut to $80.00 by Analysts at Mizuho

DuPont de Nemours (NYSE:DD - Get Free Report) had its target price decreased by Mizuho from $100.00 to $80.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an "outperform" rating on the basic materials company's stock. Mizuho's price objective indicates a potential upside of 33.05% from the stock's current price.

Several other brokerages have also recently issued reports on DD. UBS Group reduced their price objective on DuPont de Nemours from $103.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Royal Bank of Canada lowered their price objective on shares of DuPont de Nemours from $104.00 to $101.00 and set an "overweight" rating on the stock in a research note on Monday, February 10th. Barclays upgraded shares of DuPont de Nemours from an "underweight" rating to an "equal weight" rating and lifted their target price for the stock from $85.00 to $89.00 in a research report on Thursday, February 13th. JPMorgan Chase & Co. lowered their price target on shares of DuPont de Nemours from $101.00 to $76.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Finally, BMO Capital Markets lifted their price objective on DuPont de Nemours from $105.00 to $112.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $87.71.

DuPont de Nemours Price Performance

NYSE:DD traded up $0.88 during trading hours on Tuesday, hitting $60.13. The company's stock had a trading volume of 2,748,962 shares, compared to its average volume of 2,379,287. DuPont de Nemours has a 52-week low of $53.77 and a 52-week high of $90.06. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.88 and a current ratio of 1.33. The business's 50-day moving average is $73.41 and its two-hundred day moving average is $78.13. The company has a market capitalization of $25.16 billion, a PE ratio of 36.01, a PEG ratio of 2.15 and a beta of 1.25.

DuPont de Nemours (NYSE:DD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The basic materials company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.98 by $0.15. DuPont de Nemours had a net margin of 5.47% and a return on equity of 7.12%. As a group, research analysts anticipate that DuPont de Nemours will post 4.38 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of DD. Hager Investment Management Services LLC bought a new position in DuPont de Nemours during the fourth quarter worth $26,000. Aster Capital Management DIFC Ltd boosted its holdings in shares of DuPont de Nemours by 479.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 365 shares of the basic materials company's stock valued at $28,000 after buying an additional 302 shares during the period. Vermillion Wealth Management Inc. bought a new stake in shares of DuPont de Nemours during the 4th quarter valued at about $28,000. Byrne Asset Management LLC bought a new position in DuPont de Nemours in the fourth quarter worth about $29,000. Finally, Vision Financial Markets LLC acquired a new position in DuPont de Nemours in the fourth quarter valued at approximately $31,000. Institutional investors own 73.96% of the company's stock.

DuPont de Nemours Company Profile

DuPont de Nemours, Inc provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through Electronics & Industrial, Water & Protection, and Corporate & Other segments. The Electronics & Industrial segment supplies materials and solutions for the fabrication of semiconductors and integrated circuits.